Qatar issued Green bonds In two tranches with a total value of $2.5 billion, it attracted orders worth $10.9 billion, as reported by the “IFR” fixed income news service.
The two tranches were distributed as follows:
- Five-year bonds worth $1 billion at a yield of 30 basis points above US Treasuries,
- Ten-year bonds worth $1.5 billion yield 40 basis points above US bonds.
Qatar reduced the initial indicative rate of 70 basis points over US Treasury bonds for five-year bonds, and 80 basis points over US Treasury bonds for ten-year bonds, after receiving total orders exceeding $10.9 billion.
